This 1973 Volvo P1800 was recently sold for nearly $100,000 at auction in Greenwich, Connect.

This 1973 Volvo P1800 was recently sold for nearly $100,000 at auction in Greenwich, Connect.

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This 1973 Volvo P1800 was recently sold for nearly $100,000 at auction in Greenwich, Connect.

This 1973 Volvo P1800 was recently sold for nearly $100,000 at auction in Greenwich, Connect.

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This 1973 Volvo P1800 was recently sold for nearly $100,000 at auction in Greenwich, Connect.

This 1973 Volvo P1800 was recently sold for nearly $100,000 at auction in Greenwich, Connect.

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This 1973 Volvo P1800 was recently sold for nearly $100,000 at auction in Greenwich, Connect. Oh yeah, and it's all original.

This 1973 Volvo P1800 was recently sold for nearly $100,000 at auction in Greenwich, Connect. Oh yeah, and it's all original.

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Would you spend $92K on this old Volvo wagon?

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The P1800 has long been a cult classic among the Volvo faithful, but would you drop nearly $100K on a Volvo wagon? Someone did.

Auctioneers has sold a 1973 Volvo P1800ES Sport Wagon for the record sum of $92,400.

It was at an auction by Bonhams at the Greenwich Concours d´Elegance in Connecticut earlier this month, that the Swedish classic with just 13,000 miles on the odometer was sold. “As far as we know, this is a new world record for a classic Volvo”, a representative for Bonhams said.

This P1800ES has spent its entire life in Keene, New Hampshire, and been used very little by its three owners, the first of them keeping the car for 27 years.

The red paintwork is totally original, so is the black leather upholstery and the car has sought after factory equipment as factory fitted A/C.

The pre-sale estimate was 30,000 to 40,000 USD ,but it was bid strongly by a number of current and former Volvo dealers before ultimately selling to an overseas bidder for more than the double.

“The car was nicely presented, well preserved and totally original. It was key for a high price like this, a restorer would struggle to match the build quality of the factory in Gothenburg,” said Eric Minoff, specialist at Bonhams´ Motor Cars department.